Sunday, 24 September 2017
Latest news
Main » Activists use Tax Day to say to Trump: Show us your returns

Activists use Tax Day to say to Trump: Show us your returns

15 April 2017
Activists use Tax Day to say to Trump: Show us your returns

Earlier this year I penned an op-ed laying out all the reasons why Americans cared about Trump's tax returns. But a January Washington Post-ABC News poll found three quarters (74 percent) of Americans say Trump should release his tax returns.

Third, because the Republican congressional agenda includes a program for huge tax cuts, voters are naturally curious about how such changes might benefit Trump and his children. It has since collected more than 1 million signatures. "They're the only ones", he insisted; the public wasn't interested at all.

Throughout the presidential campaign, then-candidate Trump vacillated on the issue of releasing his tax returns: in one breath saying he'd acquiesce and in another suggesting an audit prevented him from doing so.

Huge turnouts Saturday will tell Congress that those who side with Trump on tax secrecy should fear being voted out in 2018. "Without seeing his tax returns, we have no idea what he's hiding ... or who his policies are really benefitting". "I doubt it", Conway said defensively. On Form 1116 he'd have to reveal the countries where he paid those taxes and the type of income on which those taxes were due.

After Trump won, he believed his taxes had been buried for good. His tax-obliterating billion-dollar loss from the '90s is the kind of tax dodge readily available to real estate investors like Trump.

The revelation provides the most recent glimpse at Trump's income. Such deals could conflict with our national security goals.

Taub paused to correct herself: "I wasn't".

"How can you talk about tax reform without knowing where the president stands on these things and without releasing his tax returns?"

A veteran USA senator, Ron Wyden (D-Oregon), has asked the Senate Intelligence Committee to investigate Trump's business ties to Russia as part of its larger probe of Russian meddling in our elections.

Sen. Chuck SchumerCharles SchumerSchumer: Tax reform gets harder if Trump doesn't release his returns How Gorsuch's confirmation shapes the next Supreme Court battle Trump's U-turn on Chinese currency stance a step in the right direction MORE (D-N.Y.) is warning that it will be more difficult to pass tax reform until President Trump releases his tax returns. Joe Dinkin of the Working Families Party told me in an interview that "if Trump had been able to implement one of the tax reforms that he's talked about, which is eliminating the alternative minimum tax, if he had been able to do that on his 2005 returns, he would have paid nearly nothing". Your business sense - probably along with your attorneys and accountants - is telling you to avoid subjecting your tax information to double-jeopardy scrutiny by the public and IRS. "So, for his own good, he ought to make them public". Hayes said that's not true, noting that Americans living under the poverty line would get monthly assistance on top of any income, in essence lowering their effective tax rate from what it is now. The issue resonates, he said, because it touches on everything from the Trump campaign's alleged Russian ties to accusations the new President is doing business in violation of constitutional restrictions.

He would abolish the estate tax, our nation's only tax on inherited wealth, paid exclusively by the richest one of every 500 families.

What he claimed in deductions: Trump's return would indicate how much he claimed in itemized deductions. "We have to rebuild our country, our infrastructure, jobs".

Over the last 40 years, presidents and major-party nominees have released some of their tax returns. Such reforms wouldn't necessarily mean Americans ended up collectively paying less in taxes.